Nationwide Bank has a money in the bank deal thru their high interest rate money market account. This money in the bank deal lets you earn an interest rate of 1.05% APY. All you need to do is to deposit $1,000 to open an account. You also need to maintain a daily balance of $1,000 to get this best interest rate money market account. In case your balance goes below $1k you will be charged $8 service fee. The bank also provides great features on your money market account:

• free online banking
• free monthly statements
• free 2 non-Nationwide Bank ATM transactions, after this you will be charged $1.50 per transaction
• free money transfer on third party banks

In addition, you may also avail of their overdraft protection. You just need to link your money market account to your Nationwide Bank checking account. As mandated by the federal law, you can make up to 6 withdrawals per statement cycle. Remember to always check on the interest rate on your money market account since it may change without prior notice.

Individuals who want to take advantage of this highest interest rate money market account may complete the application online. Please remember to have your ID’s and checking account for funding in opening your account handy when you start the application. If you have questions or concerns with regard to opening an account you may contact the bank’s customer service line thru 877-422-6569.

Nationawide bank is headquartered in One Nationwide Plaza, Columbus, Ohio 43215.

The bank was established in 1988 and currently has over $3.9 billion in declared assets. They are also federally insured by the Federal Deposit Insurance Corporation with certificate number 34710.